Sr Financial Analyst

Xcel Energy; Minneapolis (MN); On-site; USD 74,000 - 105,000; Full time

Benefits offered by this job

Annual Incentive Program

Medical/Pharmacy Plan

Dental

Vision

Life Insurance

Pension

401(k) plan

Paid time off

Holidays

Tuition reimbursement

Transit programs

Job summary

Xcel Energy in Minneapolis seeks a Sr Financial Analyst to perform and coordinate the development, tracking, reporting and analysis of financial information. You will provide proactive, clear and actionable recommendations and document key processes for management.

Responsibilities include modeling for budget and five-year forecasts, supporting rate-case submissions, and guiding other analysts. Strong communication and MS Office skills are essential, with MBA/CMA or CPA preferred.

Qualifications

• Ability to communicate effectively in writing and verbally.
• Bachelor's degree in Accounting, Finance or related business degree or a combination of equivalent education and experience.
• CPA, CMA or MBA preferred.
• Minimum four years' experience in general financial accounting or analysis.
• Intermediate to advanced skills with Microsoft Office applications required.
• Demonstrated skills in analysis, problem solving, customer service and relationship building.

Responsibilities

• Perform ongoing tracking, analysis and revisions for O&M and capital costs; project financial outlook impacts.
• Support annual budget process and five-year forecasting with modeling and analysis.
• Document key processes to ensure consistency and regulatory compliance; suggest improvements.
• Prepare rate case information and support for regulatory requests and schedules.
• Lead special projects as assigned.

Skills

Communication skills

Financial analysis

Problem solving

Relationship building

Education

Bachelor's degree in Accounting or Finance

Tools

Microsoft Office

Job description

Sr Financial Analyst

Perform and coordinate the development, tracking, reporting and analysis of financial information, including financial reporting, budget creation, and financial analysis. Provide proactive, clear and actionable recommendations and alternatives to management. Document key processes and internal control points for reporting to management. Direct activities of other analysts as appropriate.

Essential Responsibilities

• Perform ongoing tracking, analysis and revisions as required for supported areas of O&M and capital costs. Work with Business Area leaders to provide projections of the impact of deviations on the financial outlook for the remainder of the year. Prepare internal and external reports and identify and resolve moderate to complex data issues. Analyze financial data to identify adverse trends and recommend solutions to mitigate financial impact. Effectively communicate results through concise oral and written communications.
• Provide financial analysis and support to management for the annual budget process, as well as modeling, analysis and financial support for current year and five-year forecasting.
• Document key processes of supported areas to ensure consistency and compliance with legal and regulatory requirements. Provide proactive process improvement recommendations and assist in implementing the accepted solutions.
• Prepare rate case information and analysis as required to support submission. Assist in performing regulatory support for requests or associated schedules.
• Performs and assists with special projects as assigned.

Minimum Requirements

• Ability to communicate effectively in writing and verbally. Comfortable presenting to Sr Leadership and other stakeholders across Xcel Energy.
• Bachelor's degree in Accounting, Finance or related business degree or a combination of equivalent education and experience.
• CPA, CMA or MBA preferred.
• Minimum four year's experience in general financial accounting or analysis.
• Intermediate to advanced skills with Microsoft Office applications required.
• Demonstrated skills in analysis, problem solving, customer service and relationship building desired.

As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you’re ready to be a part of something big, we invite you to join our team.

Non-Bargaining

The anticipated starting base pay for this position is: $73,700.00 to $104,633.00 per year

• Annual Incentive Program
• Medical/Pharmacy Plan
• Dental
• Vision
• Life Insurance
• Dependent Care Reimbursement Account
• Health Care Reimbursement Account
• Health Savings Account (HSA) (if enrolled in eligible health plan)
• Limited-Purpose FSA (if enrolled in eligible health plan and HSA)
• Transportation Reimbursement Account
• Short-term disability (STD)
• Long-term disability (LTD)
• Employee Assistance Program (EAP)
• Fitness Center Reimbursement (if enrolled in eligible health plan)
• Tuition reimbursement
• Transit programs
• Employee recognition program
• Pension
• 401(k) plan
• Paid time off (PTO)
• Holidays
• Volunteer Paid Time Off (VPTO)
• Parental Leave

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Individuals with a disability who need an accommodation to apply please contact us at [e-mail].

Benefit plans are subject to change and Xcel Energy has the right to end, suspend, or amend any of its plans, at any time, in whole or in part.

In any ma